Asphalt News

North American Blue Energy, a company backed by U.S. energy magnate Harry Sargeant III, has moved to export nearly 1 million barrels of Venezuelan crude for delivery into China, Bloomberg News reported on Monday, citing a document.The cargo may be the first delivery of Venezuelan oil to the Asian country since the US took control of the nation's oil sales earlier this year, the report said.U.S. President Donald Trump has been taking steps to ease sanctions against Venezuela following the arrest of President Nicolas Maduro and urging U.S.

India has seized three U.S.-sanctioned tanker ships linked to Iran this month and stepped up surveillance in its maritime zone to curb illicit trade, a source with direct knowledge of the matter said on Monday.India aims to prevent its waters from being used for ship-to-ship transfers that obscure the origin of oil cargoes, the source added.The seizures and heightened surveillance follow an improvement in U.S.-India relations. Washington earlier this month announced it will cut import tariffs on Indian goods to 18% from 50%…

Raymarine, a leader in marine electronics, announced that its Pathfinder Radar System has been selected by New Orleans-based Blessey Marine to support the company’s inland tow boat and barge fleet operating across the United States.As required on new and refitted vessels, Blessey Marine’s full fleet will be outfitted with Raymarine Commercial radars and displays in the coming months. These radar systems will help the Blessey Marine fleet transport its customers’ wide array of bulk cargoes safely and efficiently throughout the navigable inland waterways of the U.S.…

Traders have rebranded more than $1 billion of Venezuelan oil shipments to China as Brazilian crude over the past year, according to two tanker tracking firms, company documents and four traders, helping buyers to cut logistics costs and circumvent U.S. sanctions.Independent refiners in China are the main buyers of seaborne oil shipments from countries sanctioned by the United States, with offshore Malaysia serving as a key trans-shipment hub for Venezuelan and Iranian crude.Since July 2024, however, traders have also rebranded Venezuelan oil as from Brazil.

Stevens Towing Company, a fourth-generation, family-owned company, has announced several key leadership promotions.Bos Smith has been promoted to Vice President. With more than 36 years of dedicated service to Stevens Towing, Smith has been instrumental in driving growth and maintaining strong client relationships. His extensive knowledge of the company and maritime industry have made him an invaluable asset to the company’s success.Ross Miller has been named Vice President of Sales and Business Development.

Rand Logistics, a dry bulk shipping group operating on the Great Lakes, announced on Wednesday that it has reached a deal to acquire Andrie from Auxo Investment Partners, marking the company's expansion into liquid bulk shipping. Financial terms were not disclosed.Andrie, based in Muskegon, Mich., transports specialty liquid products such as asphalt, cement, refined oil products and calcium chloride, connecting North American production assets with distribution networks throughout the Great Lakes region.

Liquefied natural gas (LNG) bunker barge Clean Canaveral completed its first barge-to-ship bunkering of a cargo vessel at Port Canaveral’s South Cargo Berth 4. JAX LNG, along with Polaris New Energy, handled the LNG refueling of the Damia Desgagnés on the ship’s inaugural call to Port Canaveral. The asphalt/bitumen tanker Damia Desgagnés completed her discharge of cargo and then JAX LNG proceeded with Desgagnés’s first barge-to-ship bunkering of LNG. The seafarers safely transferred approximately 400 cubic meters of LNG from North America’s largest LNG bunker barge…

U.S. construction materials firm Vulcan Materials Co said on Monday that Mexican security forces illegally took possession last week of its port terminal in southern Mexico, as an extended legal battle over its nearby limestone mining activities plays out.The incident took place last Tuesday night at the terminal in the popular tourist hub of Playa del Carmen, and follows a five-year fight with the government over Vulcan's concessions punctuated by sharp criticism from the country's president last year.Vulcan…

U.S. Department of Transportation (DOT) announced more than $703 million to fund 41 projects in 22 states and one territory that designed to help improve port facilities through the Maritime Administration’s Port Infrastructure Development Program. Following is the full list of FY 2022 Port Infrastructure Development Grant Awards:ALASKANorth Extension Stabilization Step 1 Project ($68,700,000), Anchorage, AlaskaThe Project will reconfigure and realign the shoreline within the “North Extension” (the area north of the existing general cargo terminals) at the Port of Alaska in Anchorage, Alaska.

U.S.-based Great Lakes Dredge & Dock Company (GLDD) has ordered rock installation equipment from the Dutch company Huisman.The equipment will be installed on the GLDD's newbuild rock installation vessel, which will support the development of offshore wind in the U.S.Huisman said it has optimized the equipment for installing scour protection necessary for offshore wind applications. This includes, for example, filter and armor layers for foundations, which it can install pre- or post foundation installation. It can also install cable protection for both inter-array and export cables.

U.S. Great Lakes ports and the St. Lawrence Seaway are reporting a rush of activity as manufacturers stockpile raw materials and businesses take advantage of the congestion-free waterway to export overseas with just two weeks left of the season, the Chamber of Marine Commerce reports.“U.S. Great Lakes ports have roared back this year – recovering from major 2020 declines in traditional cargoes like iron ore and steel but also developing new business and seizing on opportunities for infrastructure investment. This story of recovery and renewal is mirrored in the latest St.

Integrated automation and energy specialist Høglund announced it has been commissioned to supply advanced, fully integrated hybrid, automation, and digital solutions to two asphalt carriers to be built in Wuhu shipyard, China. The owner, Continental Bitumen, is an integrated procurement, logistics and distribution company supplying bitumen in Europe, Africa and Middle East. The technical manager and operator of the vessels is Tipco Asphalt.The central part of this delivery is the hybrid electric system…

Clearlake Shipping, a wholly-owned subsidiary of Gunvor Group, has fixed a new building 37,000 deadweight ton (dwt) asphalt carrier, the White Pearl, to be delivered before year end.White Pearl will complement Gunvor’s growing asphalt trading business, which has been active since 2016, adding to the company’s position in the trade, storage, and transportation of asphalt products. Gunvor’s trading desk operates worldwide, moving approximately 1 million MT of bitumen annually, and has a dedicated fleet of four existing fixed vessels and multiple spot charters.

Oman provided first official confirmation on Wednesday that the Asphalt Princess tanker was involved in a hijacking in the Arabian Sea after Britain's maritime trade agency earlier reported the incident was over.Three maritime security forces had told Reuters on Tuesday that the Asphalt Princess tanker had been seized by suspected Iranian-backed forces, which Iran denied.Oman's Maritime Security Centre said on Twitter that it had received information about the Panama-flagged Asphalt Princess being subjected "to a hijacking incident in international waters in the Gulf of Oman" and that the sultanate's navy had deployed several ships to help secure international waters. (Reuters reporting by Ghaida Ghantous; Editing by Alison Williams)

Boarders have left a tanker that maritime sources had said was seized off the coast of the United Arab Emirates and the vessel is safe, Britain's maritime trade agency reported on Wednesday.Three maritime security forces had told Reuters on Tuesday that the asphalt/bitumen tanker Asphalt Princess had been seized by suspected Iranian-backed forces, which Iran denied.The AIS tracking status of the Panama-flagged Asphalt Princess was "Underway Using Engine" early on Wednesday, according…

U.S. Great Lakes ports and the St. Lawrence Seaway have experienced a rise in cargo shipments to feed domestic construction and manufacturing activity and global export demand, according to the latest June figures.The Great Lakes-Seaway System serves a region that includes eight U.S. states and two Canadian provinces, and is seen as a marine highway that extends 2,300 miles from the Atlantic Ocean to the Great Lakes, supporting more than 237,868 jobs and $35 billion in economic activity.If the region were a country…

A new bitumen tanker for Rubis Group of France is currently under construction at China Merchants Jinling Shipyard. The 15,000-dwt ship will be driven by twoSchottel EcoPellers and one TransverseThruster. Designed by Swedish FKAB Marine, the vessel will be deployed in West Africa for asphalt transportation services.The main propulsion of the carrier will include two electrically driven Schottel EcoPellers type SRE 560 (2,050 kW each), featuring fixed pitch 3.1m-diameter propellers. With this configuration, the 145.8 x 26.2-m ship will achieve a maximum speed of 13.55 knots at design draft.

The U.S. Justice Department declined to investigate or prosecute then-Transportation Secretary Elaine Chao after the inspector general’s office referred allegations of potential misuse of office for review, a report made public on Wednesday said.The report included allegations that Chao directed staff to research or purchase personal items for her online using her personal credit card or performed other personal errands for her or her father.The report focused largely on Chao’s actions related to her family’s shipping business…

Conrad Shipyard announced Thursday that it has delivered two 30,000 BBL asphalt barges to Parker Towing of Tuscaloosa, Ala.The PTC 2001 and PTC 2002 are each double skin 30,000 BBL capacity asphalt barges, measuring 297’-6” x 54’ x 12’. Each is outfitted with one (1) Volcanic thermal fluid heater unit rated for 8 million BTU; one 99kw John Deere generator; three Nabrico deck cranes; four Patterson 40-ton winches and a Bergan alarm system.The barges are designed to meet the requirements of a Type ll and lll hull design…

The inland waterway system, flowing through the United States heartland, is a microcosm of all that has been happening in 2020: trade tensions, infrastructure issues, shifting trends in fuel consumption and the pandemic that has gripped us since the winter months. Shortly after the initial coronavirus outbreak here in the U.S., maritime workers were deemed to be “essential”, paving the way for cargo flows to recover from their springtime nadir. As COVID-19 infections turned up on U.S. shores, the boats continued plying the waterways, albeit with reduced volumes in some cases.

At least 18 oil tankers are expected to load oil for export from Venezuela in the coming weeks, according to tracking data and internal documents from state-run PDVSA, in a sign the sanctioned OPEC nation's crude exports may rebound this month.Venezuela's oil exports fell to their lowest levels since the 1940s in October, as some of Petroleos de Venezuela's last remaining clients halted trade with the company ahead of a deadline imposed by the United States.Washington sanctioned PDVSA and its partners last year to pressure Venezuelan President Nicolas Maduro to step down.But Maduro remains in power, and the potential rebound in oil shipments comes as PDVSA is adapting to a tightening of U.S.

Venezuela's oil exports fell to a historic low of 359,000 barrels per day (bpd) in October as most of state-run PDVSA's long-term clients paused trade to meet a U.S. deadline to halt business with the firm, according to data seen by Reuters on Monday.The United States set an October-November deadline for PDVSA's long-term customers - including Italy Eni, Spain's Repsol and India's Reliance Industries - to stop oil swaps it had authorized this year as exceptions to sanctions on Venezuela.None of those companies loaded cargoes of Venezuelan crude in October…

An Indian court has ordered the seizure of a tanker belonging to Dubai-based oil trading firm GP Global after a petition from UAE lender National Bank of Fujairah over a loan default, a court document showed.The Gujarat High Court directed the authorities of Pipavav Port on Sept. 9 to seize the company's bunkering tanker, GP B3, and detain it until a further court order or until the outstanding loan amount of just over $2 million is paid, a court document seen by Reuters shows. The next hearing is on Sept. 17.GP Global said last month it had appointed restructuring experts after failing to reach a deal with its lenders over debt restructuring.